State Bank of Pakistan is being made a free autonomy by the National Assembly through SBP amendment bill, 2015. The amendment in SBP Act 1956 would bring the existing legislation as per the international best practices of modern central bank. The bill for amendment was presented by Parliamentary Secretary to Finance, Revenue, Economic Affairs, Statistics [...][Continue Reading...]

The international monetary fund has given its agreement to Pakistani Government for scaling down the current year tax target by PKR 119 billion rupees. The Finance minister Mr. Ishaq Dar told in a news conference, that IMF has revised the tax target to Rs 2.691 trillion against the original target of Rs 2.81 trillion. [Continue Reading...]